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WeWork Inaugural Issue: WePass

HY Note: 25 Apr 2018, 12:36 PM ET
Printed for x x

WeWork's first bond raise looks to place $500 mn (big upsize potential) of 7Y notes at IPT of 7.75% - 8%. We would pass on the issue, seeing better value elsewhere as investors are not being compensated for the myriad risks in the story.

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